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Is Adidas about to reveal a new NFT collection in their metaverse?

11/7/2022

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Sportswear giants Adidas is teasing the launch of a new collection in their metaverse. The brand has launched a countdown on its metaverse site outlining that a mysterious new collection will be revealed next week. The site is also visualising a range of 3D Adidas clothing avatars. 
This is a major indication that the brand is about to launch a new range of NFT collections in its metaverse space. However, no details on the features of these non-fungible collections have been released yet. This tease from Adidas comes after an announcement from OpenSea yesterday, where the NFT marketplace announced significant changes to their royalty model. 

The leading non-fungible token marketplace OpenSea has announced that it will establish a new royalty model to generate more profits for the creators. Over the last few months, creators and artists have been demanding separate fees for their contributions to the NFT space, which would allow them to more freely contribute to the wider non-fungible token market. 
As a response, the platform will enforce on-chain fees for creators from November 8th. These fees will only be enforced on new collections. There won’t be any changes to the royalty model of existing collections in the marketplace until December, as enforcing on-chain fees for existing designs can be technically challenging.

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022